2828 Croasdaile Drive

Office Space for Sale or Lease

Confidential Document Portal

Building

Summary

  • Sale Price $7,000,000
  • Lease Rate $22.00/sf, FSG
  • Property Type Office
  • Building Size (SF) 66,563
  • Year Built/Renovated 1988/2018
  • Size (ac) 3.5

Overview

Avison Young is pleased to present this 55% leased, three-story, multi-tenant office building, with the entire top floor, consisting of 23,316 sf of space, available. Featuring a renovated lobby and balcony space on all floors, the building boasts exceptional visibility and seamless access to Interstate 85, connecting the property to all major thoroughfares throughout the Triangle region. Existing income from two credit tenants, Duke University and Corning Incorporated, makes 2828 Croasdaile an ideal opportunity for companies seeking to own their own real estate or for an investor to create value through enhanced cash flows through the lease-up of currently vacant space.

Investment Highlights

Exceptional value-add or owner-user opportunity with current cash flow and available, move-in ready space

Strong credit tenants in-place — Duke University Health System and Corning Incorporated

Desirable full 3rd floor opportunity (demisable) with open floor plan, large conference room, shower facilities and balconies

Extensive renovations under current ownership including lobby and first floor restrooms

Potential branding opportunities with additional building top signage
Close proximity to Downtown Durham, Duke Regional Hospital and Duke University

Ample parking (4.0/1,000) with EV dual charging station

Balconies on each level

Bus line access

Availabilities

Available

Suite 102

$22/SF/Year

Space Type

Office

Lease Type

Full Service

Unit/Suite

Unit Suite 102

Floor Number

Floor 1

Total Size

6,461 sqft

available

Suite 102

Total Size

6,461 sqft

$22/SF/Year
Space Type

Office

Lease Type

Full Service

Unit/Suite

Unit Suite 102

Floor Number

Floor 1

Available

Suite 300

$22/SF/Year

Space Type

Office

Lease Type

Full Service

Unit/Suite

Unit Suite 300

Floor Number

Floor 3

Total Size

23,316 sqft

available

Suite 300

Total Size

23,316 sqft

$22/SF/Year
Space Type

Office

Lease Type

Full Service

Unit/Suite

Unit Suite 300

Floor Number

Floor 3

Downloads

Lease Brochure

Sale Brochure

Location Map

Team

Blake R. Thomas

Blake R. Thomas

Senior Vice President, Capital Markets
Avison Young - US - NC - Raleigh
1 919.604.8280
Arnold Siegmund

Arnold Siegmund

Principal, Landlord Representation
Avison Young - US - NC - Raleigh
+1 919 420 1573
+1 919 696 3399
Carlo DiGiorgio

Carlo DiGiorgio

Senior Vice President, Office Leasing
Avison Young - US - NC - Raleigh
+1 919 420 1569
+1 919 434 4358